journal." good to see you. really staggering when you look at it. immigration, gun control, housing, consumerism, environment. list goes on and on. numbers keep going up. take a look at this, in 1975 we had 71,000 roughly pages in, it is now ballooned up to 114,000 pages of regs. that is 145% increase in the biggest percentage increase under president obama and he has only served one term in a few months. what do you make of it? >> gregg, i call it economic strangulation through regulation. what is happening here, by the way, this has happened through, as you said, this dates back to the mid 1970s. you've seen the escalation in regulations. it really accelerated in the last couple of years. i predict gregg, it will accelerate over the next two or three years and here's why. president obama has been unable to get through his legislative agenda. he can't get his tax package through.